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GoMarkets Discussion

  • #1,681
  • Feb 11, 2011 12:29am Feb 11, 2011 12:29am
Quoting ybfjax
Use a tool such as mt4spreads.com or mt4i.com to get a good idea of what the true average spreads are at a brokerage.

It is showing 1.3 for the Eur/USd
I miss GO. too bad for being american ;(
  • #1,682
  • Feb 11, 2011 5:09am Feb 11, 2011 5:09am
Quoting Ipndasno
I miss GO. too bad for being american ;(
It may be worth it to renounce your citizenship.
  • #1,683
  • Feb 12, 2011 2:07am Feb 12, 2011 2:07am
To-Go Market
Withdraw have limit?
etc-1 month 1 time or never cant withdraw?
  • #1,684
  • Feb 12, 2011 3:51am Feb 12, 2011 3:51am
Quoting FX__jake
It may be worth it to renounce your citizenship.
Or dual citizenship. But these can be a bit expensive. A much more practical and cheaper approach initial is just travel outside the US. It will certainly open your mind and your eyes to new possibilities. It wouldn't be a problem to open an account if you traveled. I won't go into too much details, but you would meet other expats and you could see how they work around the increasing statutory intrusiveness of western countries. You'll also get to see where the west does their outsourcing, among other things.

There was one loophole that allowed US citizen to qualify with GoM; mainly consisted of documenting you owned or managed assets in excess of $10 Million. Chris posted the details several months back. Maybe about 300 posts or so ago? Search for GoMarkets and NFA.
Measure trends automatically with zero lag
  • #1,685
  • Feb 13, 2011 4:30pm Feb 13, 2011 4:30pm
Quoting Specificers
To-Go Market
Withdraw have limit?
etc-1 month 1 time or never cant withdraw?
Hi,

Thanks for your question. The are no limits on your withdrawals, other than being limited to the available funds on your account! You can do a withdrawal as frequently as you like.

Thanks,
Chris
  • #1,686
  • Feb 14, 2011 3:11am Feb 14, 2011 3:11am
Thanks you.Chris.
what is the minimum of GOLD ? 1 lot size - 0.10 ?
  • #1,687
  • Feb 14, 2011 3:09pm Feb 14, 2011 3:09pm
Quoting Specificers
Thanks you.Chris.
what is the minimum of GOLD ? 1 lot size - 0.10 ?
Hi,

The smallest size we allow for trading on gold is 0.05 lots and it is the same for silver.

Thanks,
Chris
  • #1,688
  • Feb 14, 2011 9:48pm Feb 14, 2011 9:48pm
Quoting GoMarkets
Hi,

The smallest size we allow for trading on gold is 0.05 lots and it is the same for silver.

Thanks,
Chris
for gold and silver, what is the 1.00 lot size = $$ base currency units ? is it 100,000 units like the other forex pairs? what is one pip equal to?
Measure trends automatically with zero lag
  • #1,689
  • Feb 14, 2011 11:22pm Feb 14, 2011 11:22pm
Quoting ybfjax
for gold and silver, what is the 1.00 lot size = $$ base currency units ? is it 100,000 units like the other forex pairs? what is one pip equal to?
It works a little differently for each, so here goes -

GOLD:

contract size: 100 troy oz
per cent value: $1

SILVER:

contract size: 5,000 troy oz
per cent value: $50

Hope that helps.

Chris
  • #1,690
  • Feb 14, 2011 11:49pm Feb 14, 2011 11:49pm
Chris
--------------
If I deposit 2000 GBP , GOLD minimum 1 pips is 0.10 or more less?
  • #1,691
  • Feb 15, 2011 3:07am Feb 15, 2011 3:07am
In simple terms if you purchase 1 lot of gold, if the price moves $1 you profit/lose $100. The spread is 50c, ie. $50 on one lot. Hope that simplifies it.
  • #1,692
  • Feb 15, 2011 8:29am Feb 15, 2011 8:29am
Chris,

Does GO Markets accept client from Thailand? Are Thai Passport and Thai citizen ID enough to open the account?
  • #1,693
  • Feb 15, 2011 4:55pm Feb 15, 2011 4:55pm
Quoting ChadFX
Chris,

Does GO Markets accept client from Thailand? Are Thai Passport and Thai citizen ID enough to open the account?
Hello,

Thanks for your post.

Yes we can open an account for clients in Thailand and yes the ID you mention should be fine to open an account.

Hope this helps

Chris
  • #1,694
  • Feb 16, 2011 9:00am Feb 16, 2011 9:00am
Quoting GoMarkets
Hello,

Thanks for your post.

Yes we can open an account for clients in Thailand and yes the ID you mention should be fine to open an account.

Hope this helps

Chris
What about a thai drivers license or motorcycle license?
Measure trends automatically with zero lag
  • #1,695
  • Feb 18, 2011 8:47pm Feb 18, 2011 8:47pm
Quoting GoMarkets
Hi,
As mentioned above we have an Android App becoming available within about a week and at present we have an I-phone App thats available at the Apple App store free of charge.
Blackberry Apps for the new operating system should also be available in about 2 months.

Hope this helps
Hi

Jut wondering if the android app is out yet.

Thanks
What you do is a reflection of you....what I do is a reflection of me.
  • #1,696
  • Feb 20, 2011 5:02pm Feb 20, 2011 5:02pm
Hi Go,

What is the minimum level for placing SL and TP as well as Stop and Limit Orders from a current market price?

E.g. With OANDA it's possible to enter a pending buy stop order 0.1 pip above the current ask-price.

Cheers

Thomas
  • #1,697
  • Feb 20, 2011 5:36pm Feb 20, 2011 5:36pm
Hi,

Thanks for your post.

We are checking the Android approved apps everyday so really its anytime now. Android have to approve the app which is usually just a formality and then the app will be available.
As soon as we find it online we will let you guys know but if you find it before us then feel free to post.

Cheers
  • #1,698
  • Feb 20, 2011 5:37pm Feb 20, 2011 5:37pm
Quoting tdeu
Hi Go,

What is the minimum level for placing SL and TP as well as Stop and Limit Orders from a current market price?

E.g. With OANDA it's possible to enter a pending buy stop order 0.1 pip above the current ask-price.

Cheers

Thomas
Hi,

Thanks for your post.

It may interest you to know that we dont have any minimum distance levels for placing stops or limits from the current market price so you are free to place them wherever you like.

Hope this helps

Chris
  • #1,699
  • Feb 20, 2011 5:40pm Feb 20, 2011 5:40pm
Quoting tdeu
Hi Go,

What is the minimum level for placing SL and TP as well as Stop and Limit Orders from a current market price?

E.g. With OANDA it's possible to enter a pending buy stop order 0.1 pip above the current ask-price.

Cheers

Thomas
0 pips ie no minimum
  • #1,700
  • Feb 20, 2011 5:45pm Feb 20, 2011 5:45pm
Thanks for that. Sounds good.

I'm trading PA on M5 - so I need to trade the breakout of a candles.

Otherwise it would be impossible to trade a breakout of a candle, that closes near its high.

I'm really wondering, how other brokers (like FxPro/Alpari) can have a min of 3 pips for that on GU and 5 pips on EJ?

Cheers

Thomas

Quoting GoMarkets
Hi,

Thanks for your post.

It may interest you to know that we dont have any minimum distance levels for placing stops or limits from the current market price so you are free to place them wherever you like.

Hope this helps

Chris
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